The Province from Vancouver, British Columbia, Canada • 4

if innnklH WD NAM -)V-M Published every day exctpt Sundayi and '(' Jioltdsyt at 3250 Granville Street, Vancouver 9, B.C., by Southam Press I. Id- jar the owner, Pacific Press Ltd. Second class mad rrgistrution No, 0106. THE PROVINCE Pddy Sherman, Publisher 75th YEAR No. SI! WEDNESDAY, JULY 5, 191 IWA: a bargain sctllcnic 111 a third party.

In the last lour or five contract disputes in the forest industry there was essentially little direct bargaining, vvith the result that mediators bad to lie appointed to leil both sides, in effect, what the settlement should be. In the best of worlds that technique has a short lite expectancy. This year both sides it and so were forced to look each other in the eye and negotiate on their own. Obv iously it will be an expensive package and the cn'ins will inllu- ence negotiations in other industries. P.ut it is one the employers apparently feel they can live with and, ir it's accepted by the IWA members, it will take much of the steam out of our troubled labor situation in H.C.

If this settlement induces the two sides in the consiriietu.n industry to play it equally cool, there may yet be a chance that they can speedily resolve Ihcir differences and remove the threat of a confrontation between government and labor in which there can never he inners. He lias new lease on life he's transferred his hatred til Koosevrll lo Mctiovern. A primp source of campaign McGovern scares Wall Sired: The proposed setth menl of the forest industry contract dispute is a tritnnpli for persi-denl, cool-headed and sensible If it's aeeepled ly llie workers, it could set a new norm for future labor nesnl iations. The problems int; the Interna tiotin I Woodworkers of America and Koresl Industrial Relations, the employers' legenry, were enormous. The need, uccepb'd by the employers, to provide improved social benefits such as pension and welfare plans as well as a wage Increase, had 10 le reconciled with the industry's need to compete in tiiLh world markets.

Beyond this basic imperative, there were specific problem such as the impact of technology on lodging that led to difficulties with the highly-paid loggers. Contract proposals to "sweeten" the pie for the logging sections had to be counterbalanced ith an attractive enough offer for workers in the manufacturing sections. There were enough sensitive issues on which the negotiations could have foundered. Hut both sides counselled coolness I mm the beginning, even though lacusands of IWA members took matters into their own hands by out on strike without sanction. The most Important point is that the proposed settlement was achieved without intervention by Whafs happened to chess? There was a time in chess when the opening moves were played on an old-fashioned board with squares.

When Hobby Fiscner plays or doesn't play, his oH-ning gambit combines Cold War, chauvinism, spectacular overnight flights to Iceland, all against a background of rabid commercialism. Chess, an ancient and honorable sport, with images of pipe-smoking philosophers motionless by the hour as Ihey seek to counter an intellectually-brilliant, move. Ha! Fischer-chess, a game played by a human computer with tunnel vision. At the end of the tunnel, gold. Mr.

Fischer is obviously an eccentric hen a purse of SILT), 000 can't tempt him to play. Hut he'll condescend for a quarter of a million. That puts Hobby Hull in the minor league of checkers players. Clearly Fischer won't be satisfied until he replaces Ihe traditional king on the board with the key to the World Hank. I le deserves to lose.

He didn't know when to slop By Tl ltllV RUHARDS Mcfiovern's proposals some of which he has modified to impose excess profits taxes on corporations, grant $1,000 a person to every citien to help families earning up to a year, curtail defence spending sharply, change the tax status of municipal bonds and tax inheritances above $5110,000 at 77 per cent. If implemented, the critics say, such a program would throw the economy into recession, stifle individual initiative and prove too costly to finance. Moreover, they arc frightened by what Ihey consid-ei a lack ol deep analysis behind the proposals. Interviews over the last two weeks with numerous financial leaders failed to turn up any indications of signilicant Wall Street support for the Mctiovern candidacy, No major Wall Street figure indicated a willingness to lend his name ami prestige lo a Mctiovern hind raising ellorl. Metioveln's main contact in the liii.nl cial community appears to be Itelmont Tow bin, senior partner in a well-known but relatively small investment banking house.

Tow bin candidly admits Hint Mclio vern has inspired virtually no billowing among financial leaders. "Ily and large, his program would have to lie anathema to Wall Street," he said the other day "liut there are currents going on thai could well elect him president and it behooves the business community lo get lo know him." The investment banker stressed Hut some of Mctiovern's more radical pro posals for ihe economy had been tempered "lie's not the kind uf man lo perpetuate mistakes," he said. Ilul I his. remark touched on yet another area of concern lo liuaiicial men. II Mctiovern is going to make major proposals for economic reform and later retreat from them under fire, Ihey say, then the convictions behind the proposals could not have been very strong in llie tiisl place and perhaps were politically motivated.

A 'Wall Si reel for Mctiovern coininil-ce" was in the early stages of tormalion last week, hut it was loo soon to know liovv successful it would be. None of the signatories on flier sent nut to members of llie financial world could accurately be called a prominent figure in Wall Street lives and safety of others many others. His finest gesture would have been quietly to decline participation in the race. The scriptures just it young Korea oilers hope In a world of too much gloom, a ray of light in South-east Asia. After I'd ears of armed truce that seemed too often like war.

North and South Korea have astonishingly agreed lo move quickly towards unification. The liist reaction is one of hope thai if it can happen there, it can happen anywhere. A terriuie war involving many nations and the risk of nuclear bathe in a more primitive age of the weapon left a legacy of loud and divisive bitterness. Two million died to achieve nothing, and so much blood is bard to forget or forgive. Rut now out of the blue reconciliation is clearly underway.

We mustn't expect unification overnight. Hut we are entitled to hope that progress may be close on other problems we have assumed were intractable. We can wonder, too. bow much I 'resident Nixon's initiatives with China and Moscow helped create the climate for ihe Korean moves. funds and ils money Between now and election day, of course, much greater financial support for Mctiovern could materialize.

Hut up. piireiilly it will not come from any of Wall Street's best known people. liuslave Levy, senior partner of Gold-man, Sachs Co. and a pasl chairman of Ihe governing hoard of the Stuck Exchange, said, "We think very ill of him. We don't think he kior vYtlat he's talking about.

We're scared to death of him." Levy, one of Wall Street's most influential men, is a Nixon fund raiser. "Financially," he said, "it's going to make our Job ol raising money for Nixon a fit easier Campaign financial reports iudica'e that l.eiy has the past contributed both to liepublieun and Democratic can didale.s, a hedging practice followed bv many Wall Strcelcrs. This lime he is strictly a inn mall. John l.neli, another leading figure in Wall Si reel, said, "Frankly, Ins pconotnii policies bother me l.ocb was chairman of a committee thai raised money Pt Humphrey in This lime he is not sure what he'll although he has already supported fnt Sen, Miiskie and later Humphrey agam-t Meliovein in Ihe primaries Iv always holders the Wall Street ruin mtiliilv and certainly we have plenty nf il Willi Mctiovern," he said. "One of (he important things in tlie I Dial's made a ot of things possible is prosperous business.

Mctiovern's pull-cies as I see them would be a body buw to that I'm not sure he even knows vvli.il his policies are himself "I think Mctiovern's proposals if I understand lliem would lie a disaster for Die country and a disaster for Die market il he's elecled," said ll.ilph Den iiiizio, the present chairman of Hoard of governors of the Slock Ivxchange. "He's making more and more people aware of the fai that lie a hip shooter and is politically motivated in what sav lie added James Davaut, chairman of Panif, Webber. Jackson I'urlis, quipped, "I'm not sine can say anything you could print about Mctiovern. Hut I think that anyone with properly has got to he soinr what concerned by him, not just people in the markd. "II lie wins, I think I'd like lo have assets somewhere else in another connlry NY'O grudge him his right to make a slatf' nii'iil that can lie illustrated with many examples In this day and age the public is loo eager lo listen to any 'pliO" sophical" approach to problems smh these, even In the extent of siding vviHi theoretical academics.

JiliLe lioiild iv the job fa' winch he was appointed It m.ui credible that he should he penalized h.r speaking the Iriilh Indians of h.e long been treated as "second class nil 'ens," ignoring ihcir piolleun is id coing to help A practical npproio Ihe whole siliialion is urgently led Twisting I ii in I such as Jud (build's out ol all proportion may uukt headlines but is pot going to help the Indians. Mild. IlilDHIt Is Viiiicoiiv er TOHAV'S ItliST I KOM l.l IKll'h -A p7'. -1 A -i "Ihe vrvlre here is rr llie bun I is so lulil Miiitinj; lor it doesn't li 1 1 eel nl nil!" NEW YOltK Sen. George McGo-vern'i economic policies have aroused great controversy in Wall Street, seriously jeopardizing some of the sources of campaign funds (hut have traditionally been available in the financial community for liberal candidates.

Wall Street leaders who have directed fund-raising efforts for Democratic office seekers in the past are virtually unanimous in opposing the South Dako-tan. Some say they will back no presidential eondidutc financially if Alcfioverti is the Democratic nominee. Others nay they will shift their support lo The term "Alcflovernomics" is frequently used in a jocular sense to describe a policies lor Income redistribution, vv 1 1 a reform and changes in the nation's lax structure. The word crops up repeatedly in invest-nient advisory reports issued by brokerage houes. The increasing probability in the last month that the senator would win his party's presidential nomination at the Democratic national convention is widely believed to have been one factor in Ihe slock market's recent weakness.

Perhaps even more significantly, the investment coinniiiniiy's reluctance to support AlcGuvern could have an imparl oiiiside Wall Street, Financial men have entry into executive suites throughout American industry anil rarely hesitate lo use them in drumming up campaign con trihiitions. Herbert Alexander, director of Hie Citizens' Research Foundation and a leading authority on campaign financing, estimated that 10 to 211 per cent of the spending on behalf of the Democratic presidential ticket probably could be traced diiectly lo Wall Street lie had no breakdown, but suggested that the total could easily run into Ihe millions of dollars. "Their impact is be said, "because they're influential in many ways. Ihey get around the country, Ihey sit on hoards of directors and they are involved in philanthropies." The antipathy lo McGuvern moreover, Is reported to be making it easier lo raise money for President Nixon. Past contributors to liberal candidates have in some cases indicated they now will help finance Ihe president's campaign.

Wall St reft is especially uneasy over It appears that Mr. Thomas Shepaid former publisher of Look, doesn't see as well as he looks Ills arguments June Ho ag.iin.t the "Disaster laibby'' in the are based on the false as sumption that life is getting better instead of worse Convinced of this, he cites the "Disaster l.nhhv" as trying lo kill the goose Dial laid Ihe golden egg, then checking lo see if the egg is rotten If it were a choice between a few fi li and me, he says, it would he me, yel it need he neither. II there Is enough technology lo pollute a riv er, there is cnouuh to clear It up. The fish don't have to be full of mercury, if no industry dumps mercury in'n Ihe water. How can man Interfere with nature when he is part of it.

be asks? Check with a carrier pigeon alaiut that if you can find one. He manages to omit iiieiilu.n of the many flagrant assaults on the geology by big industry; documented pollution of all sorts. Is this progress, or is it just, overhsikinr! the obvious'1 Probably llalph Nialer is at the bottom of these malicious charges against in diislrles which are based on free enterprise and, oh ves, profit Possible Die margin of prolil would decrease if money were spent oil. heaven forbid, pollution services, Senator McCarthy popi.l.n ied the in intend.) of government takeover by anv group suspected of moving In a new direction, Nailer. Shepard feels, wishes to run the U.S.A.

because Nader slated thai anv private Industry abusing public in lercsl should be put 111 public Inislee-sliip. Anarchy? It you or I contravene a law we aie put in public trusteeship jail, or fined, (internment should protect everyone regardless ol the size of their bank account. Furthermore. a del-Would soon be stifled if we were doing anything illegal, nlorlunately lor Shop aid. Nader is promoting laws which in evitably will improve Ihe quality of life, Throughout the acinic crops up ion Disaster men seeing visions and old men dreaming dreams.

Hut when old men begin lo have hallucinations about themselves it is time lo call a halt. understandable in an international agreement of this son, but it encourages pessimists to susped the worst, A solemn statement of shared Id -ids might help solve the political problems created by I ho last oil spill, but it won't do much for the environmental problems that could come from the next one. lobby is necessary Sir Francis Chichester's latest adventure in 1he solo tram--Atlantic yacht race com inns bis reputation for courage and tenacity. It hardly enhances his credentials to common sense. If a 70-year-old man sul bring from chronic ill health wishes to risk his life in a final gesture of plain old-fashioned grit it can be a magnificent salute to the v.

hole human race. Hut when the caper against which he has been warned culminates in Ihe deaths of seven on a ship coming to rescue him, the diversion of Royal Navy aircraft and a frigate and the services of two French destroyers, two tankers and a French naval aircraft, it is more 'ragedy than triumph. If Sir Francis had won the nice lie would no doubt have won the world's plaudits, but it would lie a feeble encore to his round-the-world epic. Hut at his age and in his condition he obviously was taking risks 1 hat cotiid involve the Idealism Fanfare should lie omitted from the July ID niaine Peace Arch program in which Premier Rennet! and Ouvenior Han Kvans of Washington will sign cooperative agreement on oil spill prevention and clean-up. Following last month's oi! spill iit Cherry Point and the lack of cooperation and planning that showed up later on our polluted Let's It's surprising that so many politicians and economist believe thai the public has to be educated about what price and wage controls vvuti'd mean.

Hardly a day passes but people are ronlrontrd With examples, For Instance, a three man government egg board inquiry was told In Abbotsford recently that the egg Industry operates a closed shop, discriminating persons who want to break in at the producer level. The hoard, which operates under li.C.'s natural marketing legislation, controls ami sets prices for cgu producers in this millmn-a-year R.C. Industry. Mil Morgan, board secrehry-iiiiinager, answered the "closed shop" charge by that anv- doesn't clean up oil shores, the ceremony wiil have a shotgun marriage lone better left underplayed. Rut if past performance is less than reassuring, there is concern also in tin- present reluctance of officials on iioth sides of the border to release details of the cooperative agreement.

A certain amount of diplomatic million is not he loo shocked one in R.C. can have up to -I'M! layers, and can crate and market eggs wherever he wishes, as long as he charges board prices. The same day the Alberta energy resources conservation hoard hearing in Edmonton was told that higher natural gas prices are in the best interests of North American consumers and thai U.S. government agencies have kept prices down for political reasons. Whatever the reasons for controlling prices, production or wages (and they may he very good ones) the controls evidently exist in many forms.

Equity, an itulus' Irv's stability, orderly marketing, full employment, economics or oilier reasons may Justify them. Having a pled the principle in trolled journalism. curious sort of "lieedoin." Any college prof would mh.ii put red lines through his verbose l.intas ies and leave him willi reoiiiaiiis of lads, tine fact is the a'iseiiir of fact in his article How long can his generation bluff'1 Lots of lie is right, but an awlul lot is very wrong, he should open his eyes --anil look' "tUl.i.lAM Ynncoiiv er I. cal. I see in a story date lined Ottawa re.

garding the fanners' protest, that thnr was a demonstration against "Die esca lating gap" between consumer food costs, etc. I am fiiiuiliar with gaps Dial widen or narrow, but escalating gaps? Sometimes: I think words with a vogue can exert such a hypnotic iiiliiicnce that their users don't realize Ihey are writing nonsense. A. Al CCD It MICK Porl McNeill, lie, Indian irollein To what new deplhs of political hypocrisy has our society now slipped'1 I am of course referiing to the comments re-garding Mr, Justice (ioiild's slaleiucnu concerning native people and alcohol. It would seem to me as a bystander, pos sibly ill iiiloi ineil.

tint uoiiclhclcs paver and a II resident, that one lad has been gtossly ov el looked. Surely Judge (iouhl as nnlj speaking Ihe truth, albeit unpleasant, as presuma blv is Ins duty as an aopointed represent, alive Ihe nmn He has had seven years on the hem and has uiidoiihtedlv dealt with mam cases Involviiivi nalur people I tor one would be prepared to listen lo bis views and would not be limited areas where it has been successful, or at least workable, proposals for its broader application should barely cause consternation. As John Kenneth Galbraith, an all-out advocate of controls, puts it: "Such price and wage action, it is said, interferes with markets in hich the Interference of unions and corporations is already plenary. It fixes In the public interest prices that are already fixed. "Only prices that are so set by unions and strong roriorations need lo he (or should he) controlled as one must fix prices that are already fixed by private firms, one does not need to Interfere with the market where the ncirket still governs." I.